VISO TRUST
<p><strong><span class="legendSpanClass"><span class="xn-location">SAN FRANCISCO</span></span> </strong>&#8212; VISO TRUST, a provider of AI-powered third-party risk management (TPRM), announced the closing of its latest funding round of <span class="xn-money">$7 million</span> in additional funding, bringing the total raised to <span class="xn-money">$24 million</span>, with participation from both existing investors, Bain Capital Ventures, Work-Bench, Sierra Ventures, and Lytical Ventures, and new investors, Allstate Strategic Ventures, Cisco Investments, EnvisionX Capital, and Scale Asia Ventures.</p>
<p>This funding will further VISO TRUST&#8217;s mission to transform TPRM through an adaptive AI-driven platform, bringing enhanced security intelligence and seamless third-party risk management to enterprises worldwide.<b></b></p>
<p>VISO TRUST&#8217;s AI-powered platform delivers real-time, evidence-based assessments by intelligently collecting, analyzing, and continuously monitoring artifacts from vendors. This approach removes friction for vendors, eliminates the manual analysis burden for TPRM professionals, and enables comprehensive, high-quality assessments. The platform analyzes control presence, testing methodologies, exceptions, Nth-party references, and more, allowing security teams to focus on strategic initiatives.</p>
<p>VISO TRUST&#8217;s AI-driven automation platform has become the industry benchmark for third-party risk management for industry leaders like Upwork, Instacart, Notion, and Bain Capital. By leveraging intelligent automation, VISO TRUST reduces vendor assessment and onboarding time by up to 90%, cutting TPRM hours to mere minutes per vendor and enabling enterprises to achieve comprehensive risk management at scale. With rapid assessments completed in just 5-7 days and a remarkable 98% vendor adoption rate, the platform empowers organizations to make informed, proactive risk decisions.</p>
<p><b><span class="xn-person">Paul Valente</span>, CEO of VISO TRUST, said: </b>&#8220;We&#8217;re excited to assemble a set of complementary and deep tech investors to advance our mission of transforming third-party risk management. This funding will enable us to accelerate the innovation of our platform, creating a robust ecosystem that integrates security intelligence and aligns with today&#8217;s complex business workflows.&#8221;</p>

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